Business Context and Reporting Period
This Form 8-K filing by Armour Residential REIT, Inc. (ARMOUR) was submitted on January 4, 2016. The report discloses the declaration of cash dividends for common stock and preferred stock for the upcoming payment periods.
Key Financial Metrics
The filing does not provide revenue, profit, cash flow, margin, debt, or liquidity metrics. It focuses exclusively on dividend declarations.
- Common Stock Dividend: $0.33 per share for January 2016.
- Series A Preferred Stock Dividend: $0.171875 per share for each month in Q1 2016.
- Series B Preferred Stock Dividend: $0.1640625 per share for each month in Q1 2016.
Material Changes
The filing does not contain comparative financial data or discuss material changes in operating results versus prior periods. It serves as a notification of scheduled dividend payments.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of contingencies. It strictly confirms the dividend rates and payment schedule.
- Common Stock Payment Dates: January 27, 2016 (Record Date: January 15, 2016).
- Preferred Stock Payment Dates: January 27, February 26, and March 28, 2016 (Record Dates: January 15, February 15, and March 15, 2016).
Investor Verification Checklist
- Verify the record dates to ensure eligibility for the declared dividends.
- Confirm the total quarterly dividend obligation for Series A and Series B preferred stockholders.
- Review the attached press release (Exhibit 99.1) for any additional context regarding the dividend declaration.